All Economy
- You're a small firm? Don't rush to be big.Don't add a big business structure too soon. Smallness has its advantages.
- How much do you really make? Calculate your 'true' hourly wage.Factor in employee costs, taxes, and extra time and a $25-an-hour job turns out to pay less than $12 an hour. 聽聽
- Foreclosed homes: Now, they're hot propertiesGrowing buyer interest is clearing out more than 1.5 million foreclosed homes, clearing out a huge backlog. Interest in foreclosed homes is highest in states hit hardest by housing crisis.
- Hedge fund manager: patient and confident enough to do nothingHedge fund manager Seth Klaman runs his practice to avoid the short term in favor of long-term performance.
- Why is Google picking a fight with the mafia?Last week's Google gathering on how to combat organized crime garnered headlines, but many questions remain unanswered.
- McDonald's profit slip due to slowing global economy, strong dollarWhen the US dollar is rising against the other world currencies, companies that do business internationally take a hit when converting local currencies back into the dollar.
- Stock market: Fears of Spanish bailout spook traders worldwideStock market falls 1 percent or more in much of Asia and Europe. US stock market set for sharp drop, too.聽
- Honda recall: Doors won't stay closed on CR-Vs, AcurasHonda recall affects 321,000 small SUVs and cars worldwide. CR-Vs from 2012 and Acura ILXs from 2013 make up the Honda recall.
- AAA mobile takes bundling to heart, rolls three apps in oneTaking the trend of bundling to heart, AAA roadside insurance has a new聽update to its mobile service that wraps three of its popular apps into one, streamlined service, making things simpler for AAA members and non-members alike.
- The big trade-off: Do you have what it takes to pay off your debt?In five years, our personal finance expert and his wife paid off all their debts: some $280,000 all told. It wasn't easy. The family had to make very real and sometimes frustrating sacrifices, but the effort was completely worth it.
- Alan Abelson and his 'Bad-news Bulls'Somewhere between Schadenfreude Street and I-Told-You-So Avenue, Abelson finds his home turf as a market commentator,聽ribbing the bulls who've been using bad news as their cue to add even more exposure over the past month.
- Estonian AustrianismBuilding off of his previous posts on the recovery of Estonia's economy, Stefan Karlsson explains how one should strive for the GDP to be at least as high and unemployment at least as low as then.聽
- On the prowl for insight into economistsThe folks over at The Daily Reckoning are on a mission. Their treasure? Insight. Insight into why it is that the smartest economists in the world are so stupid. Incidentally, they hope to understand why the GDP is such a fraudulent measure of prosperity
- Freezer burn? No way. Freeze extra staples and save.Don鈥檛 throw extra food away. And don鈥檛 shove it into the back of the fridge. Instead,聽freeze them and use them later.聽Almost any extra ingredient that you have on hand can be frozen and used in the future. The trick is simply knowing聽how聽to freeze the item.
- Chick-fil-A: Gay marriage debate and fast-food chicken? Yup.Chick-fil-A president's comments on 'biblical definition' of family create firestorm among gay marriage supporters and opponents. Boston mayor wants to keep Chick-fil-A out of his city.
- Retirement savings: Couple starts late. How much to put away?Retirement savings are small for a couple that's turned 30. Save 10 percent of his salary, at a minimum. See question No. 7 in the reader mailbag.
- Money as security (or other things)Money means a lot of different things to different people. Money can represent things, it can represent interesting potential experiences or places. It can represent power or social acceptance, corruption or evil. But for our personal finance expert, money represents security.
- Haunted by Europe, US market can't get aheadWhile The Street was able to ignore Europe's struggles for the past few days, the struggles of Spain on Friday proved too much for the market to bear. As Spain's stock market plunged 6 percent, the Dow Jones dropped 120 points to close at 12,822.
- Breaking the Facebook curse, two new tech IPOs go publicIn a nice sign that the Facebook IPO debacle has finally subsided, tech companies are finally starting to come out publicly again to warm receptions. It's a nice sign that tech IPOs are back again, and Palo Alto and Kayak are both riding the IPO resurgence.
- Morgan Stanley earnings fall sharplyMorgan Stanley misses Wall Street expectations as revenue for its investment banking unit falls 37 percent. Morgan Stanley stock drops.